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Suppose the market expects low future interest rate volatility, while you expect the opposite (high volatility). Would this be a good or a bad time
Suppose the market expects low future interest rate volatility, while you expect the opposite (high volatility). Would this be a good or a bad time for you to be purchasing bonds with high convexity?
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
